Dodge Momentum Index Gains In May
June 7, 2022
Dodge Momentum Index Gains In May
The Dodge Momentum Index grew 7% in May moving to 176.2. This was up from the revised April score of 165.2.
The commercial planning index continued upward from the previous two months gaining 6% while the institutional component rose by 9%.
| May-22 | Apr-22 | % Change | |
| Dodge Momentum Index | 176.2 | 165.2 | 6.7% |
| Commercial Building | 199.4 | 188.7 | 5.7% |
| Institutional Building | 147.6 | 136.0 | 8.5% |
Describing market conditions Dodge Data & Analytics stated, “Despite higher interest rates and fear of recession, nonresidential building projects continue to steadily enter the planning cycle. While higher prices and labor shortages may result in projects reaching groundbreaking later in 2022 or early 2023, they provide hope that the construction sector will be able to withstand a potential economic slowdown fed by higher interest rates.”
For more information about the Dodge Momentum Index, visit the Dodge Data & Analytics website.
Billings Moderate, Still Strong
May 20, 2022
Billings Moderate, Still Strong
The Architecture Billings Index score for April was 56.5, lowering 1.5 points from the March register of 58.0. The Project Inquiries index was 62.3, down slightly from 63.9. The Design Contracts index scored 55.4, down from …
Dodge Momentum Index Climbed In April
May 9, 2022
Dodge Momentum Index Climbed In April
The Dodge Momentum Index grew 6% in April moving to 164.8. This was up from the revised March score of 155.0.
The commercial planning index continued upward from last month gaining 8.9% while the …
Billings Surge In March
April 22, 2022
Billings Surge In March
The Architecture Billings Index score for March was 58.0, gaining 6.7 points from the February register of 51.3. The Project Inquiries index was 63.9, up from 62.5. The Design Contracts index scored 60.5, up from 55.2.
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DMI Gains In March
April 8, 2022
DMI Gains In March
The Dodge Momentum Index grew 4% in March moving to 166.9. This was up from the revised February score of 160.3.
In contrast to February the gains were led by a rise in commercial planning. The …
Billings Index Nudges Upward In February
March 23, 2022
Billings Index Nudges Upward In February
The Architecture Billings Index score for February was 51.3, up slightly from the January register of 51.0. Since any score above 50 indicates growth, demand for architectural services was considered positive. The January score …
DMI Rises After Months of Decline
March 9, 2022
DMI Rises After Months of Decline
Following three consecutive months of declination the Dodge Momentum Index gained 4% in February moving to 158.2. This was up from the revised January score of 151.9.
The commercial component of the index rose …
Billings Growth Continues
February 24, 2022
Billings Growth Continues
The Architecture Billings Index score for January remained at the revised December register of 51.0. Since any score above 50 indicates growth, demand for architectural services was considered positive.
“Architecture billings, while remaining at very healthy levels …
DMI Hits Four-Month Low in January
February 9, 2022
DMI Hits Four-Month Low in January
The Dodge Momentum Index fell 7% in January moving to 152.9. This was down from the revised December score of 163.7. The commercial component of the index lost 9% and the institutional component dropped …
Billings End on High Note for 2021
January 19, 2022
Billings End on High Note for 2021
The Architecture Billings Index score for December was 52.0, up one point from the November reading of 51.0. Since any score above 50 indicates growth, demand for architectural services was considered positive.
“Since …